Motor Holdings sees local boost as GM pulls out
Wednesday, October 18, 2017
This week, the company told Mmegi Business that while the Chevrolet brand will be discontinued, new makes will be introduced, adding that Motor Holdings Botswana has been appointed sole franchise representative of both Isuzu and Opel in the country.
Motor Holdings director, Charles Tibone noted that this will also incorporate ongoing support to both Opel and Chevrolet customers. Motor Holdings profile will be enhanced as they are now the sole representative of the franchise.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...